Berkshire Hathaway Specialty Insurance has introduced a new policy for sponsors, directors, officers and employees of large pension and benefit plans.

The Executive First Fiduciary Liability Insurance covers Canadian fines and penalties and full settlor coverage for executives facing litigation connected to employee benefit plans.

The policy addresses “regulatory, litigation and pension and welfare issues facing large enterprises in Canada and is backed by our industry-leading underwriting and claims teams,” says Dan Fortin, BHSI’s head of executive and professional lines in the U.S. and Canada.